Caruso is an AI-native fund administration platform that consolidates investor CRM, registry, onboarding, compliance and reporting for private-market fund managers, paired with optional managed services. Its AI agents draft investor communications, summarise meeting notes and process paper-based applications, matching documents to investor records automatically. The company says more than 900 funds and 80,000 investors use the platform, with assets under administration surging tenfold to over A$100 billion in the year to early 2026. Caruso was founded in Auckland in 2023 by Mark Hurley and Oliver Shaw and now also operates from Sydney.
Builder’s Brief
Caruso is a finance tool on Falcoscan. AI-native fund administration and registry software for private markets. Falcoscan rates Caruso with an Opportunity score of 72/100, a Saturation score of 35/100, and a Wrapper-risk score of 12/100. Market signal: rising. Caruso is founded in 2023, currently at Series_a stage. Pricing: Paid.
Market position · Finance
How Caruso compares in Finance
Caruso's opportunity score of 72 ranks #76 of 336 live Finance tools on Falcoscan, 4.5 points above the category average of 67.5. Its saturation score is 35/100, against a category average of 34.7. 80 of the 336 live Finance tools carry a hot signal, and Falcoscan has recorded 20 shutdowns in the category.